Industry News

By Issi Romem The link between housing production and outward expansion is unmistakable: cities that expand more produce proportionally more new housing. Throughout the country, housing production is skewed towards low density areas. Densification has slowed down across the board, and especially in expensive cities, undermining their ability to compensate for less outward expansion.

A real estate developer wanted to increase affordable housing in Denver, trying to make fiscal sense out of a plan to build rental apartments for people making only 30 percent of the area's median income-the kind of housing America desperately needs.

There is not enough affordable housing in the United States. For every 100 extremely low income households, there are only 29 adequate, affordable, and available rental units. That means two parents who both work minimum-wage jobs might wait years to find a safe, affordable place to live with their two kids.

On June 22, 2016, Harvard's Joint Center for Housing Studies (JCHS) released the State of the Nation's Housing 2016, its annual report on housing trends in the United States. Highlights from the report include: The overall housing market recovery has been largely driven by increased demand in the rental market.

The system cannot not close the cost gap. The Second Gilded Age has brought housing costs to a historic high. The energy and creativity that went into these efforts generated thousands of units that rented (or, in the case of co-ops, sold) at below market rates.

Harvard University researchers have come to a conclusion that many Americans likely already know: The rent is indeed too damn high. For 11 million Americans, half of every paycheck goes to covering the most basic of human needs-paying for a place to live.

We all know that housing takes a significant bite out of most families' budgets, but for some American households, that cost has risen to more than half their monthly income, according to a new analysis released today from The Pew Charitable Trusts, as incomes failed to keep up with costs.

Location matters - enormously. If you're poor and live in the New York area, it's better to be in Putnam County than in Manhattan or the Bronx. Not only that, the younger you are when you move to Putnam, the better you will do on average.